Condor Hospitality Trust (Condor Hospitality Trust) Receivables Turnover : 12.45 (As of Sep. 2021)

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What is Condor Hospitality Trust Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Condor Hospitality Trust's Revenue for the three months ended in Sep. 2021 was $15.30 Mil. Condor Hospitality Trust's average Accounts Receivable for the three months ended in Sep. 2021 was $1.23 Mil. Hence, Condor Hospitality Trust's Receivables Turnover for the three months ended in Sep. 2021 was 12.45.

Condor Hospitality Trust Receivables Turnover Historical Data

The historical data trend for Condor Hospitality Trust's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Condor Hospitality Trust Receivables Turnover Chart

Condor Hospitality Trust Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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39.19

35.51

43.41

51.11

40.19

Condor Hospitality Trust Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Receivables Turnover	Get a 7-Day Free Trial															8.68	10.27	11.06	12.45	12.45

Competitive Comparison of Condor Hospitality Trust's Receivables Turnover

For the REIT - Hotel & Motel subindustry, Condor Hospitality Trust's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Condor Hospitality Trust's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Condor Hospitality Trust's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Condor Hospitality Trust's Receivables Turnover falls into.

Condor Hospitality Trust Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Condor Hospitality Trust's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	35.188	/ (	(1.099	+	0.652)	/	2 )
=	35.188	/	0.8755
=	40.19

Condor Hospitality Trust's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

	Receivables Turnover (Q: Sep. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2021 )	/ (	(Accounts Receivable (Q: Jun. 2021 )	+	Accounts Receivable (Q: Sep. 2021 ))	/	count )
=	15.302	/ (	(1.175	+	1.283)	/	2 )
=	15.302	/	1.229
=	12.45

Condor Hospitality Trust (NAS:CDORO.PFD) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Condor Hospitality Trust Receivables Turnover Related Terms

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Condor Hospitality Trust (Condor Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Condor Hospitality Trust Inc (NAS:CDORO.PFD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

1800 West Pasewalk Avenue, Suite 200, Norfolk, NE, USA, 68701

Website

http://www.condorhospitality.com

Condor Hospitality Trust Inc is a US-based self-administered real estate investment trust. It is engaged in the investment and ownership of select service, limited service, extended stay and compact full-service hotels. The primary business of the company is owning equity interests in hotel properties. It conducts its business through a traditional umbrella partnership REIT in which the hotel properties are owned by its operating partnership, Condor Hospitality Limited Partnership, and its subsidiaries.